Remove who-are-we
article thumbnail

Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

We first need to recognize that there are twin forces at work, feeding off each other. We are facing greater disruption and an increasing innovation pace. We are caught up in a very revolutionary period. The prospect of new innovation potential will eventually work through into the world of Industry 4.0

Industry 289
article thumbnail

Finding the best innovators

Jeffrey Phillips

This is, of course, just a rule of thumb, and in reality a 20% resource investment in next and new products and services will seem rather large to most corporations. Any body won't do For too long, corporations have believed that "anyone" can innovate, and for the most part that assumption is at least partially true.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The gulf between innovation goals and execution

Jeffrey Phillips

The Accenture article goes to great lengths to note that "US executives are unrealistic in believing they have the capabilities they need to achieve their bold innovation goals". The authors go on to suggest that "a significant gap exists between what companies want to do in the area of innovation and what they are able to do".

Survey 100
article thumbnail

What is Innovation in Business and How Can it Build Business Longevity?

Qmarkets

Organizations choose to adopt the process of innovation for a myriad of reasons; to tackle existing challenges by ideating for solutions, to generate new revenue streams, to improve existing products or services, and so on. What are the Various Approaches to Innovation in Business?

article thumbnail

What is Innovation in Business and How Can it Build Business Longevity?

Qmarkets

Organizations choose to adopt the process of innovation for a myriad of reasons; to tackle existing challenges by ideating for solutions, to generate new revenue streams, to improve existing products or services, and so on. What are the Various Approaches to Innovation in Business?

article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

We are a long way away from fully capturing the benefits of the Fourth Industrial Revolution (4I)R in an inclusive and holistic way. “After a decade of flat productivity, the arrival of the Fourth Industrial Revolution (4IR) is expected to create up to $3.7 trillion in value to global manufacturing.

Industry 213
article thumbnail

Innovation and N "X" D

Jeffrey Phillips

Ford was a synthesizer and a manufacturing innovator. The guy who stole a march on Ford, and really defined the automobile company structure that we have today was William Durant. Durant foresaw that people would want a range of products and options. Instead of cars, they are working on innovations.